Remove 2027 Remove Corporation Remove Trading
article thumbnail

UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch

The TRADE

A full copy of the report can be found here. The post UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch appeared first on The TRADE.

article thumbnail

UK settlement taskforce pencils in October 2027 for T+1 switch

The TRADE

The UK T+1 Taskforce technical group has earmarked October or November 2027 as the date for a switch to an accelerated settlement cycle in the UK. What’s very clear is that the entire industry, whichever segment you’re in, has that desire is for alignment.

Trading 64
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fireside Friday with Brown Brothers Harriman’s… Brendan Burke

The TRADE

What are the costs associated with opening a North American FX trading desk? Each trader will need a terminal depending on the trading platform being used, which carries a considerable cost. All of that is the bare minimum set up and the cost of those items are necessary when considering opening a trading desk.

article thumbnail

SEC chair Gary Gensler urges UK to set T+1 transition date

The TRADE

Transitioning to T+1 is a team effort involving thousands of market participants, including clearing houses, depositories, custodian banks, broker-dealers, investment advisors, self-regulatory organisations, stock exchanges, service providers, industry groups, trade associations, and regulators.

Trading 64
article thumbnail

Cooley’s 2023 Cross-Border M&A Year in Review: Navigating Choppy Waters into a More Buoyant 2024

Cooley M&A

In one of the most high-profile examples of this increased scrutiny, the US Federal Trade Commission (FTC) attempted to block Horizon Therapeutics’ $29.3 Deal momentum in the AI space was one of the main talking points for cross-border dealmaking in 2023, with some estimates projecting the overall market size will reach $407 billion by 2027.

M&A 52